Dividends and Former Theranos executive found guilty of fraud in blood test scandal

If you have given blood, the lab techican takes a vial and then sends it to a lab for testing. The process has not been changed in decades, then Theranos said to test blood would be not much different than a pin prick. The procedure would revolutionize the industry and few would have concerns in giving blood. The company said the reason was technology and the stock price went up. Big pharma was interested, Theranos was the hot stock, but there was a problem, it did not work.

In an article by Michael Liedtke of the Associated Press, the former CEO and founder of Theranos, Ramesh Balwani was found guilty of fraud. The jury found guilty of all accounts.

The jury said the strategy of fake it till you make it, has a set time period to show results.

Linking to dividend paying stocks, in these companies process is important. Logistics to ensure the company continues to make a profit every year can be easily verified. There are many experts in many fields that work with profitable companies, part of your investing is depending on the experts. What is the margins and how are profits made?

There are more questions than answers, till the next time – to raising questions.

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